First American Financial Corporation (FAF)

First American Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	675.2	625.2	132.6	215.5	265.3	1,249
Depreciation & Amortization	218.3	216.2	207.4	188.5	167.5	158.4
Stock-Based Compensation	64.9	68.4	52	49.1	67.3	53.6
Other Adjustments	265.9	263.2	717.6	552.4	1,021	205.1
Changes in Receivables	-22.5	-57.4	126.2	-159.1	82.7	-48.2
Changes in Accounts Payable	29.9	74.8	45.9	-51.9	-265.9	115
Changes in Unearned Premiums	3.2	3.3	13.7	-0.1	-27.9	-47.1
Changes in Claims Reserves	-359.8	-358.4	-397.8	-381.8	-434.3	-482.3
Changes in Income Taxes Payable	163.3	149.6	35.2	-60.8	-130	53
Changes in Other Operating Activities	-22.25	-34.1	-35.3	2.5	31.8	-36.7
Operating Cash Flow	1,009	950.8	897.5	354.3	777.6	1,220
Operating Cash Flow Growth	30.15%	5.94%	153.32%	-54.44%	-36.26%	12.43%
Capital Expenditures	-184.9	-188.3	-218.3	-263.4	-259.8	-160.5
Sale of Property, Plant & Equipment	0.5	0.6	0.6	0.1	6.8	17.8
Purchases of Investments	-3,505	-2,973	-6,344	-1,459	-3,137	-6,337
Proceeds from Sale of Investments	2,031	2,003	6,208	2,560	3,166	3,107
Payments for Business Acquisitions	1.7	-2.5	-16.4	-24.7	-277.5	-186.8
Other Investing Activities	-380.4	-295.1	-88.6	-214.2	109.9	166.5
Investing Cash Flow	-2,037	-1,456	-458.7	599.5	-393	-3,393
Short-Term Debt Issued	51,495	44,062	28,408	13,384	15,533	24,602
Short-Term Debt Repaid	-51,153	-43,800	-28,318	-13,197	-15,895	-24,593
Net Short-Term Debt Issued (Repaid)	342	261.8	90.5	187	-362.7	9.1
Long-Term Debt Issued	-	-	444	-	-	641.9
Long-Term Debt Repaid	-3.7	-3.7	-304.2	-256.2	-6.9	-6.4
Net Long-Term Debt Issued (Repaid)	-3.7	-3.7	139.8	-256.2	-6.9	635.5
Issuance of Common Stock	-	7	6.9	0.4	2.5	6.3
Repurchase of Common Stock	-124.6	-122.3	-68.5	-72.7	-440.7	-99.2
Net Common Stock Issued (Repurchased)	-124.6	-115.3	-61.6	-72.3	-438.2	-92.9
Common Dividends Paid	-223.5	-223	-220.7	-216.6	-217.5	-213
Other Financing Activities	1,417	241.4	-2,257	1,781	448.9	1,787
Financing Cash Flow	1,412	161.2	-2,309	1,423	-376.4	2,126
Effect of Exchange Rate Changes on Cash and Cash Equivalents	7.4	13.1	-16.6	4.9	-12.7	-0.4
Net Cash Flow	391.1	-330.8	-1,887	2,382	-4.5	-47.5
Free Cash Flow	824.3	762.5	679.2	90.9	517.8	1,059
Free Cash Flow Growth	8.11%	12.26%	647.19%	-82.45%	-51.12%	9.10%
FCF Margin	10.69%	10.23%	11.08%	1.51%	6.81%	11.49%
Free Cash Flow Per Share	8.00	7.35	6.51	0.87	4.83	9.51
Levered Free Cash Flow	1,219	1,101	410	-37.6	-590.9	1,968
Unlevered Free Cash Flow	1,007	965.51	301.13	134.36	-143.25	1,386

Updated Apr 23, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q